Getting a Funny Feeling
Emotion Quote of the Day: “They may forget what you said, but they will never forget how you made them feel.” – Carl W. Buechner (author)
Wuss’Up This Week: A whole lotta stuff coming out that can impact interest rates. Most important this week will be today’s Durable Goods Orders (this is a report of demand for big items that last more than 3 years – i.e. cars, refrigerators, the jug of ketchup I just bought at Costco, etc.) which is expected to be up 2.4%. If this comes in lower rates may go down. Also today, we have the ‘Fed Meeting Adjourns’ in which few people expect the Fed to change rates…but what Fed Chief Ben Bernanke says after the meeting will be analyzed to death and can impact rates.
Interest Rate Update: Rates for a 30-yr fixed remain in the high 3s/low 4s with ARM rates about a point lower. Don’t forget that rates vary based on credit score, type of home, equity in the home, and if you watch any reality show about housewives in a different city. Also, don’t forget that for any loan over $240k I will waive all lender fees (this can be for a purchase or refinance) – a $1,200 savings! Please be sure to let your friends, family, coworkers, Sox AND Cubs fans know this.
Emotion Quote of the Day 2: “Women complain men don’t have any emotions. We have the same emotions as you, we just don’t go through every one of them every single day.” – Robert Duchane (comedian)
Timeout for Trivia: Congrats to those who guessed Carmen Electra as last week’s answer. Want to be entered into a drawing to win a bag of fortune cookies? Simply email me the answer to this week’s “Who Am I?” question. Good luck: “Today I turn 43. What could you read in my diary that would interest you? Maybe the fact that I starred in a Texas Chainsaw Massacre film with Matthew McConaughey, or how I had a small role in Reality Bites. Or maybe it’s my love life: I like to date singers (see Kenny Chesney or White Stripes’ frontman Jack White, who had me with his song “Hello Operator”).”